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Gold Fields targets foreign gold

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Gold Fields has opted to focus its attention on new mine projects in Peru, Finland, Mali and Australia ahead of the proposed uranium recovery plant in South Africa.

Hedge haunts AngloGold one last time

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AngloGold Ashanti has seen its earnings gobbled up by the elimination of its hedge book one last time, reporting a $764m headline loss for the quarter to end-December.

AngloGold enters new profitability era

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AngloGold Ashanti stands on the brink of an earnings explosion as it enters a new financial year free from the restraints of a gold hedge, analysts say.

Aurora threatened with liquidation

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Solidarity has warned that it may move to liquidate Aurora Empowerment Systems.

African Barrick beats expectations

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African Barrick Gold reported better-than-expected results for the full year as higher gold prices outweighed a decline in production.

DRDGold to spin out Blyvoor

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DRDGold is to separate its Blyvooruitzicht underground mine from its low cost and low risk Ergo surface operations and use Blyvoor to get involved in the further consolidation of the SA gold sector.

Randgold Resources raises dividend

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Randgold Resources has increased its annual dividend in a show of confidence by management, despite problems at the Loulo and Tongon mines.

Harmony starts to deliver

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December quarterly results from Harmony contain good news from the operations in both South Africa and Papua New Guinea, where the Wafi/Golpu project continues to grow.

Gold price a fillip to company forecasts

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South Africa's top three gold producers are expected to report strong earnings for the December quarter, boosted by higher output and a rise in the bullion price, a poll shows.

CRG stares into a watery grave

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Central Rand Gold is teetering on the edge as the government stalls on a proposed joint solution to deal with the flood of acid mine drainage rising beneath the Witwatersrand.